BlackLine, Inc. Files Definitive Proxy Statement for 2024 Annual Meeting
Ticker: BL · Form: DEF 14A · Filed: Mar 27, 2024 · CIK: 1666134
| Field | Detail |
|---|---|
| Company | Blackline, Inc. (BL) |
| Form Type | DEF 14A |
| Filed Date | Mar 27, 2024 |
| Risk Level | |
| Pages | 16 |
| Reading Time | 19 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: DEF 14A, Proxy Statement, Executive Compensation, Equity Awards, Annual Meeting
TL;DR
<b>BlackLine, Inc. has filed its Definitive Proxy Statement for the 2024 Annual Meeting, detailing executive compensation and equity award adjustments for the 2023 fiscal year.</b>
AI Summary
BLACKLINE, INC. (BL) filed a Proxy Statement (DEF 14A) with the SEC on March 27, 2024. BlackLine, Inc. filed a DEF 14A form on March 27, 2024, for its 2024 Annual Meeting. The filing covers the period from January 1, 2023, to December 31, 2023. Key executives mentioned include Tucker, Ryan, and Huffman. The filing details equity award grant date fair value adjustments for these executives. It also includes adjustments for unvested, vested, and forfeited equity awards.
Why It Matters
For investors and stakeholders tracking BLACKLINE, INC., this filing contains several important signals. This filing provides shareholders with crucial information regarding executive compensation and voting matters ahead of the annual meeting. Shareholders can review the details of equity awards and their fair value adjustments to assess executive incentives and company performance.
Risk Assessment
Risk Level: — BLACKLINE, INC. shows moderate risk based on this filing. The filing is a routine DEF 14A, indicating standard corporate governance procedures rather than immediate financial distress or significant operational changes.
Analyst Insight
Review the executive compensation details and voting proposals to make informed decisions for the upcoming shareholder meeting.
Executive Compensation
| Name | Title | Total Compensation |
|---|---|---|
| Tucker | Member | |
| Ryan | Member | |
| Huffman | Member |
Key Numbers
- 2023-12-31 — Fiscal Year End (Reporting Period)
- 2024-03-27 — Filing Date (DEF 14A Submission)
- 2024 — Annual Meeting Year (Conformed Period of Report)
Key Players & Entities
- BLACKLINE, INC. (company) — Filer
- Tucker (person) — Executive
- Ryan (person) — Executive
- Huffman (person) — Executive
- 2024 (date) — Annual Meeting Year
- 2023-12-31 (date) — Fiscal Year End
- 2024-03-27 (date) — Filing Date
FAQ
When did BLACKLINE, INC. file this DEF 14A?
BLACKLINE, INC. filed this Proxy Statement (DEF 14A) with the SEC on March 27, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by BLACKLINE, INC. (BL).
Where can I read the original DEF 14A filing from BLACKLINE, INC.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by BLACKLINE, INC..
What are the key takeaways from BLACKLINE, INC.'s DEF 14A?
BLACKLINE, INC. filed this DEF 14A on March 27, 2024. Key takeaways: BlackLine, Inc. filed a DEF 14A form on March 27, 2024, for its 2024 Annual Meeting.. The filing covers the period from January 1, 2023, to December 31, 2023.. Key executives mentioned include Tucker, Ryan, and Huffman..
Is BLACKLINE, INC. a risky investment based on this filing?
Based on this DEF 14A, BLACKLINE, INC. presents a moderate-risk profile. The filing is a routine DEF 14A, indicating standard corporate governance procedures rather than immediate financial distress or significant operational changes.
What should investors do after reading BLACKLINE, INC.'s DEF 14A?
Review the executive compensation details and voting proposals to make informed decisions for the upcoming shareholder meeting. The overall sentiment from this filing is neutral.
Risk Factors
- Filing Requirements [low — regulatory]: The company is subject to SEC regulations and filing requirements for public companies, including the DEF 14A.
- Executive Compensation Structure [medium — operational]: The structure and adjustments of equity awards can impact executive motivation and retention.
Filing Stats: 4,811 words · 19 min read · ~16 pages · Grade level 13 · Accepted 2024-03-27 08:33:35
Filing Documents
- bl-20240327.htm (DEF 14A) — 1255KB
- bl-20240327_g1.jpg (GRAPHIC) — 22KB
- bl-20240327_g2.jpg (GRAPHIC) — 3KB
- bl-20240327_g3.jpg (GRAPHIC) — 9KB
- bl-20240327_g4.jpg (GRAPHIC) — 15KB
- bl-20240327_g5.jpg (GRAPHIC) — 75KB
- bl-20240327_g6.jpg (GRAPHIC) — 127KB
- bl-20240327_g7.jpg (GRAPHIC) — 106KB
- 0001666134-24-000009.txt ( ) — 2820KB
- bl-20240327.xsd (EX-101.SCH) — 4KB
- bl-20240327_def.xml (EX-101.DEF) — 6KB
- bl-20240327_lab.xml (EX-101.LAB) — 8KB
- bl-20240327_pre.xml (EX-101.PRE) — 5KB
- bl-20240327_htm.xml (XML) — 115KB
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 31 Compensation Discussion and Analysis 31 Governance of Executive Compensation Program 35 Individual Compensation Elements 39 TABLE OF CONTENTS Other Compensation Policies and Practices 46 Tax and Accounting Considerations 46 Executive Employment Arrangements 47 Compensation Committee Report 48 Summary Compensation Table 49 Grants of Plan-Based Awards During 2023 50 Outstanding Equity Awards at Year-End 51 Stock Option Exercises and Stock Awards Vested During 2023 53 Potential Payments Upon Termination or Change of Control 54 Equity Compensation Plan Information 56 CEO Pay Ratio 56 Pay Versus Performance 58 RELATED PERSON TRANSACTIONS 63 Related Person Transactions 63 Policies and Procedures for Related Party Transactions 64
SECURITY OWNERSHIP
SECURITY OWNERSHIP 61 OTHER MATTERS 65 Delinquent Section 16(a) Reports 65 2023 Annual Report 65 Company Website 65 Availability of Bylaws 65 STOCKHOLDER PROPOSAL DEADLINES FOR 202 5 ANNUAL MEETING 66 Stockholder Proposals for Inclusion in Proxy Statement 66 Stockholder Proposals and Director Nominations Not for Inclusion in Proxy Statement 66 APPENDIX A A-1 TABLE OF CONTENTS BLACKLINE, INC. PROXY STATEMENT FOR THE 2024 ANNUAL MEETING OF STOCKHOLDERS To be held at 9:00 a.m., Pacific time, on Thursday, May 9, 2024 The information provided in the "Questions and Answers" format below is for your convenience only and is merely a summary of the information contained in this proxy statement. You should read the entire proxy statement carefully. In this proxy statement, the terms "BlackLine," "we," "our," and "Company" refer to BlackLine, Inc., a Delaware corporation. QUESTIONS AND ANSWERS ABOUT THE PROXY MATERIALS AND ANNUAL MEETING Why am I receiving these materials? This proxy statement and the enclosed form of proxy are furnished in connection with the solicitation of proxies by our board of directors (our "Board") for use at the 2024 annual meeting of stockholders of BlackLine, and any postponements or adjournments thereof. The annual meeting will be held online on Thursday, May 9, 2024 at 9:00 a.m., Pacific time. You will be able to attend the virtual annual meeting, vote your shares electronically and submit your questions during the live webcast of the meeting by visiting www.virtualshareholdermeeting.com/BL2024 and entering the sixteen-digit control number located on your Notice of Internet Availability (as discussed below) or, if you received printed proxy materials, on your proxy card or voting instruction card. Stockholders are invited to attend the virtual annual meeting and are requested to vote on the items of business described in this proxy statement. The Notice Regarding the Internet Availability of Proxy Materials